The Statistical Service of Cyprus has published the House Price Index for the fourth quarter of 2025. According to the new data, the index increased by 6% compared to the same period in 2024, reaching 152.91 points. At the same time, compared to the third quarter of 2025 (152.93 points), there was no change — prices essentially remained flat. This indicates market stabilization after fluctuations throughout the year: in some quarters, growth of 4.2% and 3.7% was recorded, while in others there were declines of 1.8% and 1.7%. The market remains active, but is no longer as overheated as before.
New Builds Are Rising in Price, While Resale Properties Are Declining
Looking at the categories, new homes show a slight increase: the index rose from 173.92 to 174.51 points. Demand for modern apartments and houses remains strong. In contrast, resale properties have slightly lost ground — the index fell from 135.60 to 134.56 points. This suggests that buyers are increasingly choosing newer properties amid rising expectations for energy efficiency and modern layouts.
Cyprus Follows the European Trend: Prices Rise Everywhere Except Finland
According to Eurostat data for the previous period, housing prices in the eurozone increased by 5.1% year-on-year, and by 5.5% across the European Union. Compared to the previous quarter, prices rose by 0.6% and 0.8%, respectively. The leaders in price growth were Hungary (+21.2%), Portugal (+18.9%), and Croatia (+16.1%). The only country where prices declined was Finland (-3.1%). Cyprus, according to the data, was among the countries with no quarterly change. In the long term, from 2015 to the third quarter of 2025, housing prices in the EU increased by 64.9%, while rents rose by 21.8% — a significant gap. In Hungary, prices have more than tripled. Cyprus follows the general trend, but without extreme spikes.